SIA "STARTEX BALTIC"Active
Key figures
Ratios
2025Balance sheet structure
Dividends
calculatedNo dividends were paid.
Summary of financial statements2013–2025
| 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet — assets | |||||||||||||
| Total current assets | 159 163 | 201 906 | 185 149 | 205 776 | 174 858 | 268 622 | 219 748 | 423 848 | 329 411 | 326 476 | 536 734 | 378 975 | 350 771 |
| Total non-current assets | 14 029 | 18 354 | 13 430 | 7321 | 4081 | 5871 | 5059 | 6253 | 62 786 | 98 427 | 120 176 | 73 441 | 39 240 |
| Total assets | 173 192 | 220 260 | 198 579 | 213 097 | 178 939 | 274 493 | 224 807 | 430 101 | 392 197 | 424 903 | 656 910 | 452 416 | 390 011 |
| Balance sheet — liabilities and equity | |||||||||||||
| Current liabilities | 79 463 | 64 995 | 120 030 | 133 910 | 86 282 | 174 102 | 115 754 | 206 862 | 126 447 | 40 753 | 219 811 | 64 798 | 9879 |
| Non-current liabilities | 61 576 | 96 750 | 96 750 | 96 750 | 96 750 | 96 750 | 96 750 | 96 750 | 96 750 | 96 750 | 153 665 | 153 665 | 108 960 |
| Total liabilities | 141 039 | 161 745 | 216 780 | 230 660 | 183 032 | 270 852 | 212 504 | 303 612 | 223 197 | 137 503 | 373 476 | 218 463 | 118 839 |
| Share capital | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Retained earnings of previous periods | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Profit for the year | 8453 | 12 765 | -76 716 | 638 | 13 470 | 7734 | 8612 | 114 186 | 47 511 | 133 400 | 52 950 | -49 480 | 37 219 |
| Total equity | 32 153 | 58 515 | -18 201 | -17 563 | -4093 | 3641 | 12 303 | 126 489 | 169 000 | 287 400 | 283 434 | 233 953 | 271 172 |
| Income statement | |||||||||||||
| Sales revenue | 355 821 | 563 487 | 456 962 | 455 569 | 685 758 | 836 915 | 940 856 | 989 960 | 1 372 613 | 1 421 561 | 1 943 041 | 930 038 | 334 495 |
| Operating profit | 9753 | 12 909 | -76 716 | 1417 | 14 294 | 7784 | 8612 | 114 186 | 47 511 | 133 400 | 52 950 | -49 480 | 37 219 |
| Profit before income tax | 8453 | 12 909 | -76 716 | 1417 | 14 294 | 7784 | 8612 | 114 186 | 47 511 | 133 400 | 52 950 | -49 480 | 37 219 |
| Profit for the reporting year | 8453 | 12 765 | -76 716 | 638 | 13 470 | 7734 | 8612 | 114 186 | 47 511 | 133 400 | 52 950 | -49 480 | 37 219 |
| Labour costs | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Depreciation of non-current assets | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other indicators | |||||||||||||
| Employees | 12 | 13 | 10 | 9 | 8 | 8 | 10 | 11 | 13 | 16 | 17 | 13 | 2 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5000 | 15 000 | 56 916 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Summary: SIA "STARTEX BALTIC"
Overview
SIA "STARTEX BALTIC" (reg. no. 45403029070) is a limited liability company. The company was registered in 2011 and has been in the register for 15 years. Registered address: Aizkraukles nov., Aizkraukle, Torņu iela 2A.
Financial results
Revenue in 2025 was 334 495 €, down 64,0% on the previous year (930 038 €). From 2013 to 2025, revenue declined by an average of 0,5% per year. This is the company's lowest revenue among the published years (2013–2025). Net profit for 2025 was 37 219 € (11,1% of revenue). The company was profitable in 11 of the 13 published years. In 2025 the company had 2 employees (13 a year earlier). Revenue per employee was 167 248 €. At the end of 2025, total assets were 390 011 € and equity 271 172 € (69,5% of assets).
Management and owners
The company has one board member. The sole owner of the company is a private individual.
Data sources and freshness
Register data (name, address, legal form, board and owners) and annual report figures come from the open data of the Register of Enterprises of the Republic of Latvia (CC0); entity.lv updates them daily. Data as of 03.11.2026. Changes, averages and ratios are calculated by entity.lv from open data and are not an official assessment.